Daugavpils city municipality updated auction rules for ALTOP industrial park production premises on November 12, setting a strict deadline for new job creation.
The newly built production building stands at Lidostas iela 4 in Lociki, Augšdaugava Municipality. The structure exceeds 11,000 square meters in total floor space and is divided into three separate lease objects. The second object spans 3,485.8 square meters and includes adjacent infrastructure, according to Daugavpils.lv. SIA Endline and SIA MAGISTR currently lease the other two portions. The lease duration spans from 15 to 30 years for industrial production use.
The auction starting price is set at 1.03 euros per square meter monthly without value-added tax. The bidding increment is 0.05 euros. Participants must pay a 100-euro participation fee alongside a 5,000-euro security deposit.
Private companies lacking state or municipal capital shares are eligible to participate. Applicants must operate within smart specialization sectors to manufacture innovative or high-added-value products. Companies must also provide wages exceeding the Latgale regional average while meeting specific financial criteria, including a minimum annual turnover of one million euros.
The municipality will evaluate research and export development plans alongside environmental compliance. The auction occurs under a project financed by the European Union Recovery Fund. The winning bidder must create at least 20 new jobs by June 1, 2027. The winner must execute at least one million euros in investments by the end of 2028.
Submissions are accepted in person at the Daugavpils City Municipality Central Administration on Krišjāņa Valdemāra iela 1, room 7, via postal mail, or electronically using a secure digital signature sent to Daugavpils.lv designated contact channels.
The live auction will take place on December 9 at 2:00 p.m. inside the Daugavpils City Municipality Conference Hall on K. Valdemāra iela 1.
